20 February 2018
visit www.ebaday.com

UniCredit confirms data breach

26 July 2017  |  15198 views  |  0 Email security

Italy's UniCredit says personal financial data of some 400,000 customers who took out loans through the bank have been hijacked by unauthorised third parties.

The bank blames the breach on an Italian third party provider of customer reference data. A first break in seems to have occurred in September and October 2016 and a second breach which has just been identified in June and July 2017.

"Data of approximately 400,000 customers in Italy is assumed to have been impacted during these two periods," the bank states. "No data, such as passwords allowing access to customer accounts or allowing for unauthorised transactions, has been affected, whilst some other personal data and Iban numbers might have been accessed."

UniCredit has launched an audit and intends to file a claim with the Milan Prosecutor's office.

Says the bank: "Customer data safety and security is UniCredit's top priority and as part of Transform 2019, UniCredit is investing 2.3 billion euro in upgrading and strengthening its IT systems."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

UniCredit among 30 banks to begin testing instant payments

UniCredit among 30 banks to begin testing instant payments

25 July 2017  |  13750 views  |  0 comments | 3 tweets | 10 linkedin
UniCredit to cut 14000 jobs and invest in digitisation

UniCredit to cut 14000 jobs and invest in digitisation

13 December 2016  |  6384 views  |  0 comments | 12 tweets | 15 linkedin
UniCredit tempts startups with cash and collaboration package

UniCredit tempts startups with cash and collaboration package

14 June 2016  |  9346 views  |  0 comments | 12 tweets | 16 linkedin
UniCredit sets up $200 million fintech fund

UniCredit sets up $200 million fintech fund

23 March 2016  |  16124 views  |  0 comments | 24 tweets | 12 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.swift.com/your-needs/instant-paymentsvisit www.ebaday.comVisit https://www.capgemini.com

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
11759 views comments | 16 tweets | 12 linkedin
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
9381 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
9195 views 10 comments | 22 tweets | 26 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
7950 views comments | 13 tweets | 11 linkedin
FCA explores creation of global sandboxFCA explores creation of global sandbox
7282 views comments | 19 tweets | 18 linkedin

Featured job

Competitive base + commission
London, UK

Find your next job